Business GCSE
Costs versus reputation benefits
What Costs versus reputation benefits means in Business GCSE, as defined for AQA.
Definition of Costs versus reputation benefits
Check what you remember
Read the wording for your board, then hide it and explain Costs versus reputation benefits in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Higher costs and lower short-term profit weighed against stronger brand reputation, customer loyalty and a possible price premium.
Topics that use Costs versus reputation benefits
- Ethical and environmental considerations (AQA GCSE)
Related terms
- Business benefits
- Business costs
- Business ethics and reputation
- Business response
- Cost and revenue consequences
- Cost control
- Cost versus long-term benefit
- Cost versus long-term saving
Using Costs versus reputation benefits in the exam
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